The Accounting Department provides financial services that enable the District to provide the decisions that will put the available resources to their best possible use. Each fund has established guidelines that delegate how the District activities are financed. All funds are established as set forth in WAC 392-123-046.
Established for maintenance and operation of the school district to account for all financial operations of the school district, except those required to be accounted for in another fund.
Capital Projects Fund
Major renovation, including the replacement of facilities and systems where periodical repairs are no longer economical; renovation and rehabilitation of play fields, athletic fields, and other District real property; the conduct of preliminary energy audits and energy audits of school district buildings; and the purchase or installation of additional major items of equipment and furniture excluding vehicles.
Associated Student Body Fund (ASB)
Funding related to any optional noncredit extracurricular event of the District which is of a cultural, social, recreational, or athletic nature as described in RCW 28A.325.010.
Debt Service Fund
Finances the borrowing of money and the issuance of negotiable bonds for the purpose of: funding outstanding indebtedness or bonds theretofore issued; for any or all capital purposes; or for payment of (a) an installment purchase contract for school plant facilities or (b) a financing lease the term of which is ten years or longer and that contains an option by the school district to purchase the leased property for nominal consideration as set forth in RCW 28A.530.010.
Transportation Vehicle Fund
Maintained for the purchase of pupil transportation vehicles pursuant to RCW 28A.160.200 and 28A.150.280; Payment of conditional sales contracts as authorized in RCW 28A.335.200 or payment of obligations authorized in RCW 28A.530.080, entered into or issued for the purpose of pupil transportation vehicles; or major repairs to pupil transportation vehicles.
Private Purpose Fund
Fund that includes scholarship and foundation funds.